The global induction cooktop market is anticipated to grow at a considerable CAGR of 9.1% during the forecast period. These cooktops are inbuilt with multiple advanced features which give them an edge over the other available cooktop options such as gas cooktops, electric cooktops, and others. These inbuilt features provide several benefits which have fuelled up the market, and out of these benefits, five are the most interesting for the consumers, which includes-

Precise Temperature Control- The induction cooktop comes with a temperature control panel which helps the cook to set the temperature as per convenience for the food. While electric cooktops do not provide such control and take more time to heat up and cool down, the gas cooktop also does not have precise temperature control. 
Timer- Induction cooktop also provides a timer that can automatically switch off as the time duration is completed. It helps the cook not to worry about the overcooking or undercooking of the food and do other things. While electric cooktop offers a timer option but does not switch off automatically, and the gas cooktop does not provide such a feature. 
Heat Efficiency- The induction cooktop can automatically detect magnetic cookware when it’s placed on the cooktop surface, and transfer heat directly to the cookware via an electromagnetic field located below the glass-ceramic cooktop. It does not heat up the burner like other cooktop does and increases heat efficiency.
Safer than Others- These cooktops are highly safer than others since it requires cookware on the surface to switch on, it heats up and cool down quicker, it does not dissipate heat to the uncovered surface, and its control can be locked in kids.
Better for the Planet- U.S. Department of Energy tested the energy efficiencies of four conventional cooking tops in which induction came out on top with 73.59 percent. This indicates that an induction cooktop is better for the environment. In July 2019, in a first for California and the nation, Berkeley, CA, City Council passed an ordinance for new buildings to be built all-electric which meant no gas cooktops to be installed in new buildings in efforts for a better environment.     

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Market Coverage

The market number available for – 2023-2030
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Application
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including AB Electrolux, LG Electronics Inc., Philips International B.V., SMEG S.p.A., Whirlpool Corp., and others.

Induction Cooktop Market Report Segment

By Type

Built-In
Free-Standing

By Application

Household
Commercial

By Distribution Channel

Online
Offline

A full Report of Induction Cooktop Market is Available @  https://www.omrglobal.com/industry-reports/induction-cooktop-market

Induction Cooktop Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Bajaj Electricals Ltd.
Butterfly Gandhimathi Appliances Ltd.
De’Longhi Group (Kenwood)
Fisher & Paykel (Singapore) Pte Ltd.
Glen Appliances Pvt. Ltd.
Miele India Pvt. Ltd.
Morphy Richards India
Robert Bosch GmbH
Stovekraft Ltd.
Sub Zero Wolf
TTK Prestige Ltd.
Tuareg Marketing Pvt. Ltd. (INALSA)

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